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Thursday, September 28, 2017

Mahindra Lifespaces Launches Phase 2 of ‘Windchimes’ In Bengaluru

Mahindra Lifespace Developers Limited (‘MLDL’), the real estate
and infrastructure development arm of the Mahindra Group, today announced the
launch of Phase 2 of ‘Windchimes’, its first premium residential project in
Bengaluru. The launch marks an important milestone for the project, with
Phase 1 construction ahead of schedule, and possession planned June 2018
onwards. Phase 2 of Windchimes comprises 3 and 4 BHK apartments, ranging
in carpet area from 1307 sq. ft. to 2119 sq. ft., and priced Rs. 1.38 Cr.
onwards.

Located on Bannerghatta Main Road, one of the high convenience
destinations in Bengaluru, Windchimes offers suitable connectivity to
residential and prime commercial corridors, including workplaces, schools,
hospitals, malls and other retail outlets. Windchimes has been developed
keeping in mind the needs and aspirations of the evolving home buyer in
Bengaluru, who prefers differentiated brands that offer value beyond point of
sale. Approximately 80% of the homes launched in Phase 1 of the project
are sold till date. Windchimes is also one of the first few ‘green’
residential projects in Bengaluru. The project is IGBC ‘Platinum’
pre-certified, with a key feature being more than 80% open spaces for balanced
and healthy living.

Deepak Porayath, Business Head, Residential (South), Mahindra
Lifespaces, said, “Bengaluru, as
one of India’s leading end-user drivenresidential destinations, will continue to
remain a priority market for us. Bengaluru has performed well and offers
steady rental income, owing to a healthy rate of employment generation, city
growth and a rising market for second home buyers. We are delighted to
launch Phase 2 of Windchimes for the discerning home buyer who seeks a vibrant,
resource-conscious, spacious and comfortable lifestyle.”

Windchimes is located adjacent to the proposed Metro Phase 2 line, between the IIM
Bangalore and Hulimavu stations. In line with Mahindra Lifespaces’ focus
on sustainable urban development, the project has been designed to be
environmentally conscious, and incorporates over 50% rainwater harvesting; solar water heating
systems, low-flow water fixtures; water meters in every apartment (pay as per
usage); STP (sewage treatment plant) facilities; electrical charging points in
parking areas, organic waste treatment; and unit-level segregation of
waste. Windchimes is also differently-abled friendly, with preferred
parking and dedicated restrooms.

Windchimes has been conferred the Vishwakarma Award for Health,
Safety and Environment by the Construction Industry Development Council (CIDC)
earlier this year, and is Mahindra Lifespaces’ flagship project in Bengaluru.